Account Balance Recalculation

Account Balance Recalculation in PrismERP is used to ensure that all ledger account balances are accurate and reflect the true state of recorded transactions. When transactions are added, updated, deleted, or imported in bulk especially during data migration, corrections, or adjustments the balances stored in ledger accounts can sometimes become inaccurate or inconsistent. Even a small mismatch can cause reports such as Trial Balance, Balance Sheet, or Profit & Loss to show incorrect totals. Accessible from the Ledger Books section, this feature scans all debit and credit entries for each account and recalculates the balances to correct any discrepancies. It does not create new transactions but updates the calculated totals so that financial reports display consistent and reliable figures.